Tax Treatment of Settlements and Judgments in Employment Cases
Description: Tax issues arise in every lawsuit. This presentation will address the tax treatment of damages awarded in employment cases, including
- What is the tax character of a settlement payment or judgment?
- Does the payor have any obligation to withhold taxes or report the payment to the authorities?
- How should the parties allocate settlement payments in cases with multiple claims?
- What payments are deductible by the employer and the plaintiff?
About Kim Stanley:
Professor Kimberly Stanley is the Associate Dean and Director of the LLM Tax Program at Golden Gate University School of Law. She is also a Professor of Law and teaches Federal Income Tax and Property in the JD program, as well as other courses in the LLM Tax program. Professor Stanley graduated with honors from The George Washington University National Law Center in 1985, and completed her LLM in Taxation with honors from Georgetown University School of Law in 1989. From 1985 to 1987, she served as an Attorney-Advisor to Hon. Stephen J. Swift of the United States Tax Court. Following her clerkship, Professor Stanley was an appellate attorney for the U.S. Department of Justice, Tax Division, in Washington D.C. In that capacity, she represented the Federal government in over 75 tax cases in the courts of appeal throughout the country.
In 1992, Professor Stanley left government service for the private sector. She was Of Counsel at the San Diego law firm Gray Cary Ware & Freidenrich (now DLA), and also founded Lautanen & Stanley, a boutique law firm that specialized in all aspects of federal, state and local tax law. The primary focus of her private law practice for over a decade was the representation of both individual and corporate clients in tax controversies and litigation with the Internal Revenue Service. She joined the full time faculty at Golden Gate in July 2003.
Throughout her career, Professor Stanley has been involved in bar association activities, serving as the Chair of the San Diego County Bar Association, Tax Section, and as Vice-Chair of the Executive Committee of the State Bar of California Taxation Section. She continues to speak frequently at bar association meetings.
Date: Tuesday, November 30, 2010
Time: 6:00pm - Registration
6:30pm - Dinner and Presentation
Location: Fior D'Italia, 2237 Mason Street, San Francisco, CA 94133
Education: 1 CPE credit
Cost: $50.00 Members and Guests
*Non-Members that qualify to become a member of the AAA-CPA who join will receive a complimentary registration to this seminar. Membership in the AAA-CPA includes membership within the Northern California Chapter. First year regular membership dues are 1/2 price! Join online at www.attorney-cpa.com or call the National Office at 888-288-9272.